Tuesday 30 August 2016

Attn: Mr. Richard Brunt: YOU do NOT Speak For Me!

With the Obama-led signing into legislation of the Foreign Account Tax Compliance Act, targeting American expatriates and accidental citizens abroad, the Obama administration has unleashed hell on earth for millions of American expats around the world. Renunciations of United States Citizenship are increasing every quarter. And all because of one simple reason: He expects those who have to pay for those who don't due to slacking off.

Evidently Mr. Richard Brunt of Victoria thinks that "Obama is the best person in the entire world. Why not have him be our Prime Minister?" I presume he's completely out of his mind.

Having those who have money pay for those who aren't willing to work will result in the haves feeling put-upon by the masses. Hell even those dual-citizen expatriates who are making $20,000 an year before taxes are being asked to provide for those who don't want to work and sit around on welfare in the United States. "Pay my way for me, Pay for my kids, pay for my health-care!" Why do you think American expatriates are angry and renouncing their citizenships in droves. Nobody wants to pay for a slacker.










It's people like this that gives expatriates a bad impression. When they're making $20K-$65K working their butts off and then having to pay taxes in the home country that they're living in, they don't want to hear this kind of shit. Why should we have to pay for someone who is too damned lazy to get their asses off welfare and get a job? Even a McJob would help her situation more than sitting on her ass demanding that... "Someone's gotta pay for me and my 15 kids." No...nobody has to do a damned thing for you. Angel Adams.


(Photo by David Shankbone - CCby3.0)-for commentary only



The Tyee - Photograph

Obama and the Democrats have painted expatriates as unpatriotic 1% tax cheaters feeding off the frenzy of the Occupy Wall Street Movements that spawned similar Occupy movements all over the world - headed by professional slackers who don't have a job and have developed a portfolio of professional protesting while maligning hard-working individuals who are just trying to make ends meet.

If one wants to meet a cross-section of the expatriate community that these professional slacking scumbags want to malign as rich one-percenter tax cheats; take a look at the following: Dual Canadian-American Citizens: We Are Not Tax Cheats. These hard-working expatriates aren't tax cheats, but you professional Occupy Wall Street and Occupy Vancouver slackers...ARE.
We Are Not A Myth in answer to Robert Stack stating: Some claim that Americans living abroad will give up their U.S. citizenship because of liabilities and burdens created by FATCA.

His answer: "FATCA provisions impose no new obligations on U.S. citizens living abroad. Instead, FATCA’s withholding obligations fall on institutions making payments to FFIs, and the due diligence and reporting requirements fall on the FFIs themselves."

U.S. taxpayers, including U.S. citizens living abroad, are required to comply with U.S. tax laws​. Individuals that have used offshore accounts to evade tax obligations may rightly fear that FATCA will identify their illicit activities. Yet a decision to renounce U.S. citizenship would not relieve these individuals of prior U.S. tax obligations, and might well create additional U.S. tax obligations for certain citizens and long-term residents who give up citizenship or residency.

Yet the IRS penalizes taxpayers with draconian penalties upwards of $100,000 for failure to file a form. Some have been assessed in excess of $450,000 on personal savings for retirement from working for 45 years at a job paying at best $16/hr. Do they really think that a regular working joe is using their off-shore accounts for illicit activities? Let's be honest here. This is nothing but a money-grab.

And our Progressive Conservative government rolled over and decided to let US statutes take precedence over Canadian Law in Canada by instituting an intergovernmental agreement (IGA) between Canada and the United States to let the IRS take precedence over the CRA.

And that is why most of us Canadians who have some indicia of US ties whether by accident of birth or by marriage to a US citizen are pissed off as hell at the United States, at Obama, and at Stephen Harper.

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